The Repower Group finished 2011, a difficult year for the sector, with a profit of CHF 54 million (- 30 %). The total operating revenue of CHF 2.5 billion (+ 11 %) resulted in an EBIT of CHF 130 million (- 18 %).
The group’s results can be described as good, especially when compared with the sector as a whole. The result was affected by the challenging market conditions, notably restrained demand, ongoing low energy prices, little market liquidity and negative currency factors. As expected the 2011 result was therefore below that of the previous year.
| Financial highlights | 2010 | 2010 restated |
2011 | Change |
| CHF million | ||||
| Revenue and income | ||||
| Total operating revenue | 2,267 | 2,267 | 2,523 | + 11 % |
| Income before interest and income taxes (EBIT) | 163 | 159 | 130 | - 18 % |
| Group profit including minority interests | 80 | 77 | 54 | - 30 % |
| Balance sheet and cash flows | ||||
| Balance sheet total at 31 December | 2,274 | 2,269 | 2,367 | + 4 % |
| Equity at 31 December | 922 | 916 | 965 | + 5 % |
| Equity ratio | 41 % | 40 % | 41 % |
Repower AG
Via da Clalt 307
7742 Poschiavo
Switzerland
T +41 81 839 7111
F +41 81 839 7299